FYI: While the eight-year anniversary of the financial crisis low was on March 9th, the bull market didn’t officially turn eight until last Friday when the S&P 500 closed at its first new all-time high since March 1st (eight days before the eight-year anniversary). Below we have updated our bull market charts which compare the current bull market in the context of prior bulls in terms of length and strength. Remember, we define bull and bear markets as rallies (declines) of 20% of more on a closing basis that were preceded by a 20%+ decline (rally). At 2,979 calendar days and counting, the current bull market ranks as the second longest of all time, ahead of the early to mid-1950s bull market by about a year but way behind the granddaddy of them all which spanned from 1987 through 2000.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bull-market-officially-turns-eight/
